Gold Roadmap==>>Starting to Rising
Updated
As I ✅expected✅, Gold(
XAUUSD) started to correct from the Potential Reversal Zone(PRZ), and after breaking the Ascending Channel, it managed to break the 50_SMA(Daily) as well.
Gold is moving near the Support zone($2,603-$2,584) and Support lines.
According to the Elliott wave theory, the first corrective wave of Gold (main wave 5) can be completed in the Support zone($2,603-$2,584).
Also, Regular Divergence(RD+) between Consecutive Valleys.
I expect Gold to Go up to at least the Broken Support zone($2,640-$2,624).
⚠️Note: We should expect more dumps if Gold goes below the Support zone($2,603-$2,584).⚠️
🔔Be sure to follow the updated ideas.🔔
Gold Analyze ( XAUUSD ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
XAUUSD) started to correct from the Potential Reversal Zone(PRZ), and after breaking the Ascending Channel, it managed to break the 50_SMA(Daily) as well.Gold is moving near the Support zone($2,603-$2,584) and Support lines.
According to the Elliott wave theory, the first corrective wave of Gold (main wave 5) can be completed in the Support zone($2,603-$2,584).
Also, Regular Divergence(RD+) between Consecutive Valleys.
I expect Gold to Go up to at least the Broken Support zone($2,640-$2,624).
⚠️Note: We should expect more dumps if Gold goes below the Support zone($2,603-$2,584).⚠️
🔔Be sure to follow the updated ideas.🔔
Gold Analyze ( XAUUSD ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Trade active
Trade was activated after Gold touched the Support line.Trade closed manually
I closed the position Risk Free.
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